K & S Corporation Limited · ASX:KSC
K & S — H1 2015 Earnings Presentation
14 slides from K & S's earnings presentation, Mar 5, 2015
Slide 1: HY2015 Half Year Overview
HY2015 Half Year Overview For personal use only March 2015
Slide 2: Disclaimer
Disclaimer For personal use only Despite anything stated in this notice or elsewhere in the document, none of the information (whether considered separately or together) constitutes an offer, invitation, solicitation, advice or recommendation with respect to the issue, purchase or sale of any shar
Slide 3: Overview of Results: SHE
Overview of Results: SHE For personal use only Safety performance of the domestic operations continues to improve LTIFR reduced from 8.7, for the corresponding previous year period, to 6.3 Fleet integrity audits engaged by external specialist to ensure high standards are maintained; nil issues
Slide 4: Overview of Results: Financial
Overview of Results: Financial For personal use only Revenue increased by 39% to $360 million Profit P fit after ft tax t for f the half th h lf year was $6 $6.5 5 million illi Underlying profit after tax was $8.2 million; 30.2% higher One off re-organisational costs of $0.4m and Fraud relat
Slide 5: Operating Cost Reductions
Operating Cost Reductions For personal use only We have continued to focus on reducing our operating costs primarily in the areas of people people, services and equipment Back office rationalisation and property consolidations are also being progressedd Renegotiation of major input costs - veh
Slide 6: Market & Growth
Market & Growth For personal use only Firm organic growth has been realised with additional annualised revenue in excess of $32 million being awarded to the Group Our Western Australian business continued to be impacted by the slowing of the resource sector With declining commodity prices, min
Slide 7: Acquisitions
Acquisitions For personal use only We recently announced the acquisition of Northern Territory Freight Service (NTFS) NTFS is one of the largest rail freight forwarders on the Adelaide - Alice S i Springs - Darwin D i corridor id withith annuall revenue off circa i $50 million illi The acquisi
Slide 8: Financial Summary
Financial Summary For personal use only Half Year ended 31 December 2014 2013 Variance % Revenue ($m) 360.0 258.9 39.0 EBITDA ($m) 31.6 20.1 57.2 EBITDA margin 8.78% 7.76% EBIT ($m) 12.8 10.5 21.9 EBIT margin 3.56% 4.06% Net Profit Before Tax ($m) 9.1 8.1 12.3 Net Profit After Tax ($m) 6.5 5.6 16.1
Slide 9: Balance Sheet Summary
Balance Sheet Summary y For personal use only As at ($m) 31‐Dec‐14 30‐Jun‐14 Cash and equivalents 19.6 23.5 Receivables 74.4 82.3 Inventories 3.9 3.7 Other 9.1 8.5 Total Current Assets 107.0 118.0 Property, Plant & Equipment 319.2 319.5 I t ibl Intangibles 91 9 91.9 90 6 90.6 Other 12.4 12.3 Total N
Slide 10: Dividend Summary
Dividend Summary For personal use only Interim dividend of 3.5 cents p per share Record date for interim dividend is 20th March 2015 Interim dividend payable 2nd April 2015 DRP remains active with a 2.5% 2 5% price discount March 2015
Slide 11: Key Customers
Key Customers For personal use only March 2015
Slide 12: K&S Network
K&S Network For personal use only K&S operates extensively throughout Australia and New Zealand March 2015
Slide 13: Looking Forward
Looking g Forward For personal use only Depth of the Company’s Executive Team has been increased and strengthened t th d We will continue to grow the business through organic growth in specifically ifi ll ttargeted t d markets/channels k t / h l andd geographical hi l llocations ti Ongoing foc
Slide 14: K&S Contacts
K&S Contacts For personal use only Mr. Paul Sarant Mr. Bryan Walsh Managing Director / CEO Chief Financial Officer K&S Corporation Ltd K&S Corporation Ltd Ph: ((03)) 8744 3528 Ph: ((08)) 8721 1706 paul.sarant@ksgroup.com.au bryan.walsh@ksgroup.com.au March 2015